Economic Studies Bingo
To become familiar with words based from Economic Studies.
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Topics of this game:
- A sum of money paid into a bank or building society account
- The percentage of principal charged by the lender for the use of its money
- A transaction in which a customer receives back money he/she had previously deposited at a bank
- A deduction is an amount you can subtract from your gross income to lower your taxable income
- A compulsory financial contribution imposed by a government to raise revenue
- The inability to pay debt due to loss of income, increased spending, or an unforeseen financial crisis.
- Relates to "the exchange of goods and services, especially on a large scale".
- Measures changes in the price level of market basket of consumer goods and services purchased by households.
- the value of money that has been used up to produce something or deliver a service.
- A numerical value assigned to a person's potential ability to repay debt.
- Is a sustained, long-term downturn in economic activity in one or more economies.
- Exists when a specific person or enterprise is the only supplier of a particular commodity.
- The amount of money it takes to buy a product or produce a product.
- The total amount of a certain type of good that has been produced and is available.
- The difference between the maximum price a consumer is willing to pay and the actual price they do pay.
- An economic model of price determination in a market.
- A systematic approach to estimating the strengths and weaknesses of alternatives .
- the greater benefit of receiving money now rather than an identical sum later.
- The rules that countries impose on each other in order to trade with each other.
- Tax on imports or exports.
- a situation in which the demand for a product or service exceeds its supply in a market.
- Total income from sales of output.
- A government-regulated maximum price that can be legally charged for a good or service.
- a market form wherein a market or industry is dominated by a small number of large sellers .
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